Mirae Asset Large Cap Fund Direct-Growth
Benchmark: NIFTY 100 TRI · Inception: 01/01/2013 · NAV: ₹122.90 (22/05/2026)
AUM: ₹38239 Cr · Expense Ratio: 0.80% · Riskometer: Very High
3.2
★★★☆☆
Selective Buy
Analyst Insight
Mirae Asset Large Cap Fund carries an overall rating of 3.2/5 (Selective Buy), showing moderate standing within the Large Cap category. Its alpha of -0.43 underperformss the category average of 4.67, suggesting room for improvement in active management. The Sharpe ratio of 0.47 sits below the category mean of 4.17, while volatility (std dev 14.17%) is higher than peers (11.79%), indicating relatively higher volatility. With a 5-year CAGR of 10.89% and expense ratio of 0.80%, investors should weigh cost-adjusted returns carefully.
ETM Rating
3/5
Risk Rating
2/5
Return Rating
3/5
Overall Rating
3.2/5
Alpha vs Cat
-0.43 / 4.67
Sharpe vs Cat
0.47 / 4.17
Beta vs Cat
0.97 / 0.67
Std Dev vs Cat
14.17 / 11.79
Return Track Record
| Period | CAGR |
|---|---|
| 1Y | -1.46% |
| 3Y | 11.32% |
| 5Y | 10.89% |
| 10Y | 14.24% |
| Since Launch | 15.04% |
Risk & Return Scores
Sharpe Score2/5
Sortino Score2/5
SD Score3/5
ETM Risk Score3/5
ETM Return Score2/5
Portfolio Allocation
Large Cap 88.1% Mid Cap 6.3% Small Cap 5.5% Debt 0.2%
Strengths
- No notable strengths identified
Watch Points
- ⚠️ Alpha -0.43 below category avg 4.67
- ⚠️ Higher volatility 14.17% vs peers 11.79%
- ⚠️ Negative 1Y return (-1.46%) — recent underperformance